East Africa Exchange (EAX) is a commodity exchange

Paddy Rice

Rice is a staple food in many countries of Africa and constitutes a major part of the diet in many others. Africa produces an average of 14.6 million tons of paddy rice per year (1989-1996) on 7.3 million ha, equivalent to 2.6 and 4.6 percent of the world's total production and rice area, respectively. East Africa has 23.8 percent There are fundamental reasons of selecting Paddy Rice as major selling products at EAX:

Paddy Rice producers and traders can store their productions for a period of up to 9 months, therefore improve their selling strategies

Paddy Rice plays an important role in food for the majority of African people

Paddy Rice production can be competitive in imports/export business.

It is a good crop for fighting hunger as it is easier to store.

EAX strategy is to sell highest quality of Paddy Rice within the region. EAX Paddy Rice is stored, graded, cleaned, re-bagged or packaged in accordance to EAC standards. Paddy Rice that EAX warehouses management allow to receive should have the moisture content of at least 13%. Paddy Rice is then serviced with high quality fumigation technics to keep it free from weavers, insects or any other foreign matter. Traded Paddy Rice commodity standard for EAX Paddy Rice is Paddy Rice (PR) grouped into 4 different grading standards:

PR1 : Paddy Rice Grade 1

PR2 : Paddy Rice Grade 2

PR3 : Paddy Rice Grade 3

PR4 : Paddy Rice Grade 4

Maize

Maize was introduced in the region of East African Community (EAC) around 60 years ago and has been identified as a priority stable crop by gover... Read More

Beans

Beans products represent the second most important source of calories after maize. Over 200 million people in sub-Saharan Africa depend on the cr... Read More

Soya

High in protein and used as a vegetarian and lactose alternative for many foods, soya has transcended its Asian origins to become the most widely c... Read More

Wheat

Wheat was cultivated since pre-historic times in the world. It seems that its center of origin is South Western Asia. Wheat is also used for manu... Read More

Sorghum

Sorghum is a staple food crop for many low-income households in East Africa community. It is typically grown by small-scale, resource-poor farmer... Read More

Paddy Rice

Rice is a staple food in many countries of Africa and constitutes a major part of the diet in many others. Africa produces an average of 14.6 mil... Read More

STAY WITH EAX

East Africa Exchange (EAX) links sellers and buyers of agricultural commodities such as Maize, Beans, Soya, Sorghum, Paddy Rice and Wheat to trade under capital market rules and regulations. EAX strives to assure the market of quality, quantity, prompt delivery and cash payment. Stay tuned with EAX by sending us your email. EAX will send you newsletters montly